Associate, Transfer Agency, Fund Services

CLSA; Hong Kong; On-site; HKD 580,000 - 900,000; Full time

Job summary

CLSA is seeking a diligent Compliance & AML Professional in Hong Kong to manage investor capital activity, KYC/AML reviews and regulatory surveillance. You will lead the design and maintenance of AML policies, coordinate with business and compliance teams, and oversee due diligence checks and sanctions screening.

This role requires strong attention to detail and robust communication in Mandarin and English.

Qualifications

• Bachelor’s degree or equivalent in Business Administration, Law or similar.
• Master’s degree is a plus.
• 3-5 years of working experience preferably in the compliance industry.
• Compliance accreditations (e.g., CAMS, ICA, CFE) preferred.
• World-Check experience usage is a must.
• Strong understanding of local and international AML regulations.
• Proactive, detail-oriented, able to work under pressure and meet deadlines.
• Good communication skills in Mandarin and English.
• Proficient in Word, Excel, PowerPoint and presentation tools.

Responsibilities

• Process investor’s capital activity including subscription, redemption, switching, transfer, etc.
• Review supporting documents including KYC/AML checks and sanction list screening.
• Respond to client and investor queries and provide client servicing.
• Lead in establishing and maintaining AML policies, procedures, systems and controls.
• Bridge between business and compliance teams on AML escalation and manage AML/CFT risks.
• Identify, assess and implement new AML regulatory developments.
• Day-to-day operations for compliance with policies and controls.
• Establish and maintain AML training programme for the business team.
• Perform regular sample checks on customer due diligence checks.
• Keep pace with AML/CFT developments and indicators of money laundering.
• Coordinate payment settlements in line with timelines and regulations.
• Track and monitor token rights and entitlements for proper recordkeeping.
• Coordinate account opening procedures and document review.
• Provide support to other operations teams as assigned.
• Undertake ad-hoc projects as assigned.

Skills

AML compliance

KYC/AML checks

Regulatory understanding

Attention to detail

English language

Mandarin language

Education

Bachelor's degree in Business Administration or Law

Master's degree preferred

Tools

World-Check experience

MS Office

Job description

Key Areas of Responsibilities

• Process investor’s capital activity, including subscription, redemption, switching, transfer, etc. and review all the relevant supporting documents, including KYC /AML checks and sanction list screening.
• Involvement in client servicing and responding to client and/or investors’ queries.
• Take lead in establishing, review, implement and maintain effective Compliance and Anti-Money Laundering (AML) policies, procedures, systems, and controls in compliance with applicable Compliance and AML regulations and the organization’s KYC/AML standards.
• Act as the bridge between business team and compliance team on AML cases escalation and manage AML/CFT risks. Discuss and document unusual transactions with relevant stakeholders.
• Identify, assess, and implement all relevant new legal and regulatory developments within the AML framework.
• Day-to-day operations for compliance with the relevant policies, procedures, systems, and controls.
• Establish and maintain an appropriate compliance and AML training programme and adequate awareness arrangements for the business team.
• Perform regular sample checking over customer due diligence checks performed on new and on-going clients and investors as per the firm’s requirements.
• Keep pace with developments in AML/CFT laws and regulations, trends, techniques, and update indicators of money laundering or terrorist financing that could impact our business.
• Arrange and process payment settlements accurately and in line with agreed timelines and regulatory requirements.
• Track and monitor token rights, entitlements to ensure proper recordkeeping.
• Coordinate and manage account opening procedures for clients, including document collection and forms review/filling.
• Provide support to other operations’ team as assigned from time to time.
• Undertake ad-hoc projects as assigned.

Requirements

• Bachelor’s degree or equivalent in Business Administration, Law or similar.
• Master’s degree is a plus.
• 3- 5 years of working experience preferably gained in the compliance industry. Previous work experience in Fund Services would be a plus.
• Compliance related accreditations or qualifications preferable. (e.g., CAMS, ICA, CFE, etc.)
• Previous World-Check experience usage is a must.
• Thorough understanding of the local and international AML regulatory environment.
• Proactive, mature, high level of attention to detail, able to work independently under pressure and strong sense of meeting tight committed deadlines.
• Good interpersonal skills.
• Good verbal and written communication skills in Mandarin and English.
• Proficient in Word, Excel, PowerPoint and other presentation applications, including the ability to produce neatly presented work.